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New Study: Global Steam Trap Market 2020 Size, Growth Analysis Report, Forecast to 2026

04-16-2021 12:31 PM CET | Industry, Real Estate & Construction

Press release from: Orion Market Reports

The global steam trap market is recording a significant CAGR of 5% over the forecast period 2021-2027. This report contains data for the year 2018 and the historical year 2017. This increase in market value may be due to continued use to reduce fuel consumption. Strict rules enforced by regulatory authorities to increase manufacturing efficiency and reduce costs.

A full report of Steam Trap Market available at https://www.orionmarketreports.com/steam-trap-market/30185/


Steam Trap Market – Segmentation

By Product:

• Thermodynamic
• Mechanical
• Thermostatic

By Application:

• Drip Application
• Process Application
• Tracing Application

By Body Material:

• Steel
• Iron
• Others

By End-User Industry:

• Chemicals
• Energy and Power
• Food & Beverages
• Oil & Gas
• Pharmaceuticals
• Others

Key Players

• CIRCOR International, Inc.
• Emerson Electric Co.
• Flowserve Corporation
• Pentair PLC
• Schlumberger N.V.
• Spirax-Sarco Engineering plc
• Thermax Limited
• The Weir Group PLC
• Velan Inc.
• Watts Water Technologies, Inc.

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

The report covers the following objectives:

• Proliferation and maturation of trade in the Steam Trap Market.
• The market share of the Steam Trap Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Steam Trap Market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Steam Trap Market.

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Key Questions Answered by Steam Trap Market Report

• What was the Steam Trap Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Steam Trap Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Steam Trap Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

305, Commerce House, 308, 11 Bungalow Colony, New Palasia, Indore, Madhya PradeshMedia Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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